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Concord Tower - 2902,
Al Sufouh - Dubai Media City,

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  4. 2BR Apartment in 113 Residences, Al Safouh First
For SaleApartmentOff-Plan

2BR Apartment in 113 Residences, Al Safouh First

113 Residences, Al Safouh First
Starting price
AED 2.72M
Per sqft
AED 2,538
Payment plan
40/60
Reference
PSQ-OP-6221-APARTMENT-BR2
Bedrooms
2
Bathrooms
—
Built-up
1,071.98 sqft
Type
Apartment

About this property

113 homes in total, one per the name; DLD registers completion 28 February 2029, with 1 beds of 913 sq ft from AED 2,191,188. Platinum Square Real Estate sells 1 to 4 bedroom apartments in 113 Residences, Al Sufouh.

Key facts

  • Developer: Iman Developers — registered with the Dubai Land Department as Iman Developers L.L.C

  • DLD project number: 4503 — status Active

  • Location: Al Safouh First (Al Sufouh), Dubai

  • Total units (DLD): 113, all residential — 22 one-bedroom, 68 two-bedroom, 18 three-bedroom, 5 four-bedroom. No commercial units.

  • Plot area (DLD): 13,248.44 sq m

  • Construction progress (DLD): 0% complete

  • Registered with DLD: 17 July 2026; construction started 25 August 2026

  • Completion registered with DLD: 28 February 2029 — the same quarter our feed carries (Q1 2029)

  • Payment plan in our feed: 40/60

  • Status: Off-plan, just launched

Listed with us

  • 1 bedroom — 913 sq ft, from AED 2,191,188 (about AED 2,400 per sq ft)

  • 2 bedrooms — 1,097 sq ft, from AED 2,720,255 (about AED 2,480 per sq ft)

  • 3 bedrooms — 2,010 sq ft, from AED 4,302,434 (about AED 2,140 per sq ft)

  • 4 bedrooms — 2,532 sq ft, from AED 5,443,094 (about AED 2,150 per sq ft)

DLD figures were read from the Project Status Enquiry service on 25 September 2026; prices and sizes are from the current feed and change. Platinum Square confirms both in writing before you reserve. Rates per sq ft are our own arithmetic.

The name is the specification

113 Residences holds exactly 113 homes, and the DLD registry confirms it. That is small for a Dubai development, and it is the point: 22 one-bedroom, 68 two-bedroom, 18 three-bedroom and 5 four-bedroom, with no commercial units in the building at all.

Two consequences worth thinking about. Scarcity is real — there are five four-bedroom homes in the entire project, and when you sell you will not be competing against a hundred identical units. But a small building also spreads its service charge across few owners, and a building with an infinity pool, sauna, clubhouse, café and coworking space is not cheap to run. Ask for the service charge estimate before you compare this with a larger tower.

The price ladder favours the larger homes

One and two bedrooms are priced at about AED 2,400–2,480 per sq ft; the three and four bedrooms at about AED 2,140–2,150. The larger homes are roughly 13% cheaper per square foot.

That is the normal pattern and it is more pronounced here than in most buildings. If your budget stretches, the large units carry both the better rate per foot and the scarcity.

Payment plan

40/60 in the current feed — 40% across construction, 60% on completion. Ask for the dated instalment schedule on the reservation form; with completion registered for February 2029 this is a two-and-a-half-year commitment and the spread matters.

Handover

Completion is registered with the Dubai Land Department for 28 February 2029, and our feed shows Q1 2029 — they agree. The register records 0% complete, with construction having started on 25 August 2026, so this is a genuine day-one launch. A registered completion date is a date on the developer’s file, not proof of handover.

Amenities

The feed lists an infinity pool, a second swimming pool, a kids’ pool, a gym, sauna, clubhouse, café, coworking space, games room, lounge area, BBQ area, kids’ play area, yoga space and lobby, and flags the project as branded.

That is a long list for 113 homes, which is part of the proposition — the amenity-to-resident ratio here is unusually high. It also has to be paid for; see the note on service charges above. At 0% complete none of it is built, so get the schedule written into your contract.

Location

Al Safouh First — Al Sufouh, the coastal strip between Dubai Marina and Jumeirah, next to Media City, Knowledge Park and Palm Jumeirah’s entrance. It is one of the older, lower-density parts of new Dubai, and new residential launches there are infrequent, which is the structural argument for the building. We do not publish drive times we have not measured; ask and we will send current routing.

Who it suits

End users who want a boutique building in an established coastal district rather than a tower in a new one, and buyers of the larger homes in particular — 18 three-bedroom and 5 four-bedroom apartments in a location where family-sized apartments are scarce.

It suits a yield-first investor less well. At about AED 2,400 per sq ft on a one-bedroom you are paying for the address and the amenity ratio, and the 68 two-bedroom homes will all reach the rental market at the same time in 2029. We do not publish yield figures we cannot source and will not quote one here.

What to check before you buy

  • Ask for the service charge estimate — 113 homes carrying that amenity list is the main cost question.

  • Ask for the escrow account for project 4503 and pay only into it; this matters most at 0% complete.

  • Get the 40/60 instalment dates, not just the split.

  • Get the amenity and finish specification as a contract annexe.

  • Ask what “branded” refers to in this project and what it contractually covers.

  • If you want a four-bedroom, ask which of the five is available before anything else.

Questions buyers ask

What is 113 Residences?

A 113-home residential building by Iman Developers in Al Sufouh, Dubai, registered with the Dubai Land Department as project 4503.

Who is the developer of 113 Residences?

Iman Developers, registered with the DLD as Iman Developers L.L.C.

Where is 113 Residences?

Al Safouh First — Al Sufouh — on the coastal side of Dubai near Media City and Knowledge Park.

When is the 113 Residences handover?

Completion is registered with the DLD for 28 February 2029, and our feed shows Q1 2029.

How far along is construction?

0% complete on the DLD Project Status Enquiry, read on 25 September 2026. Construction started on 25 August 2026.

What is the payment plan?

40/60 in our current feed. Ask for the dated schedule on the reservation form.

How much do apartments cost in 113 Residences?

1 bedroom from AED 2,191,188, 2 bedrooms from AED 2,720,255, 3 bedrooms from AED 4,302,434 and 4 bedrooms from AED 5,443,094 in the current feed.

How many apartments are there?

113 in total: 22 one-bedroom, 68 two-bedroom, 18 three-bedroom and 5 four-bedroom, per the DLD registry.

Are there four-bedroom apartments?

Five in the whole building, at about 2,532 sq ft. Ask us what is left.

What amenities does 113 Residences have?

The feed lists an infinity pool, swimming pool, kids’ pool, gym, sauna, clubhouse, café, coworking space, games room, lounge, BBQ area, kids’ play area and yoga space. Get them written into the contract.

Amenities

Branded
BBQ Area
Cafe
Clubhouse
Gym
Infinity Pool
Kids Play Area
Kids' pool
Lobby
Sauna
Swimming Pool
Yoga Space
Coworking
Games Room
Lounge Area

Location & Lifestyle

Buy or rent in Al Safouh First (Al Sufouh): a premium coastal strip between Madinat Jumeirah and Dubai Media City, with beach access, top international schools and quick links to the Palm and the tech districts.

Schools nearby

  • Kings’ School Dubai
  • Jumeirah College
  • GEMS Wellington International School

Metro & transit

  • Dubai Internet City (Red Line)
  • Mall of the Emirates (Red Line)

Malls & retail

  • Souk Madinat Jumeirah
  • Mall of the Emirates (near)

Healthcare

  • Saudi German Hospital
  • Medcare Hospital Al Safa
  • Mediclinic

Landmarks

  • Madinat Jumeirah
  • Burj Al Arab
  • Dubai Media City
  • Sufouh Beach
Platinum Square Listing
Ref. PSQ-OP-6221-APARTMENT-BR2 · Listed 2026-10-01
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Mortgage calculator

Estimated monthly payment
AED 12,096/mo
Down payment20% · AED 544,051
Interest rate4.50%
Loan term25 years
Loan amountAED 2,176,204

Indicative estimate only. Actual rates, fees and eligibility vary by lender. Speak to our advisors for a tailored quote.

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